Compliance Bulletin: DOL Increases Civil Penalty Amounts
Compliance Bulletin: DOL Increases Civil Penalty Amounts https://domrisk.com/wp-content/themes/blade/images/empty/thumbnail.jpg 150 150 Dominion Risk https://domrisk.com/wp-content/themes/blade/images/empty/thumbnail.jpgHighlights Annual Updates The DOL must adjust its civil penalty amounts for inflation each year. Possible Penalties The DOL may assess these penalties on employers that violate federal laws that the DOL enforces, such as the FLSA, ERISA, the FMLA and the OSH Act. Compliance Review To minimize potential liability, employers should review their compliance with laws enforced by the DOL. Effective Date Jan. 15, 2020 The increased amounts apply…
read more